Australia stocks lower at close of trade; S&P/ASX 200 down 0.25%

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At the close in Sydney, the S&P/ASX 200 fell 0.25%.

The best performers of the session on the S&P/ASX 200 were Reliance Worldwide Corporation Ltd (ASX:RWC), which rose 5.15% or 0.28 points to trade at 5.72 at the close. Meanwhile, Boral Ltd. (ASX:BLD) added 4.59% or 0.290 points to end at 6.610 and Reece Ltd (ASX:REH) was up 4.38% or 0.79 points to 18.83 in late trade.

The worst performers of the session were Pointsbet Holdings Ltd (ASX:PBH), which fell 18.28% or 1.93 points to trade at 8.63 at the close. Ioof Holdings Ltd (ASX:IFL) declined 8.50% or 0.39 points to end at 4.20 and Nickel Mines Ltd (ASX:NIC) was down 5.96% or 0.065 points to 1.025.

Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 870 to 538 and 400 ended unchanged.

Shares in Pointsbet Holdings Ltd (ASX:PBH) fell to 52-week lows; losing 18.28% or 1.93 to 8.63.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.97% to 11.242 a new 1-month low.

Gold Futures for December delivery was up 0.32% or 5.75 to $1804.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.83% or 0.69 to hit $81.97 a barrel, while the January Brent oil contract fell 0.82% or 0.69 to trade at $83.18 a barrel.

AUD/USD was up 0.10% to 0.7521, while AUD/JPY fell 0.07% to 85.46.

The US Dollar Index Futures was down 0.04% at 93.763.